Colombo, July 2 (SocialNews.XYZ) Sri Lanka's domestic debt optimisation programme was passed by a majority vote, the parliament's media unit said.
The media unit added that the programme was passed with amendments, and 122 parliamentarians voted in favour of it, while 62 voted against it.
Before being presented in Parliament, the domestic debt optimisation programme was approved by the Parliament's Committee on Public Finance on Friday and by the cabinet of ministers on Wednesday.
Sri Lanka's total debt is around $83.6 billion, according to official data. Foreign debt amounts to $41.6 billion, Xinhua news agency reported.
Out of the domestic debt, $25 billion are in treasury bonds, $11 billion in treasury bills, $5.6 billion in development bonds and the rest has been taken from various institutions, mainly the Employment Provident Fund.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
